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FCA warns protection insurers to support customers with arrears and eyes expanding Covid guidance to cover financial difficulty
The Financial Conduct Authority (FCA) has warned protection insurers may see more policies lapsing or being cancelled through the cost of living crisis and that they should monitor these numbers, understand the...
Read moreHow the pandemic and a cost of living crisis changed what employees want from wellbeing services – analysis
The pandemic has left its mark on the country in the form of unprecedented wait times for NHS treatment or to see the family doctor. It has also created a revolution in...
Read moreFCA slams industry diversity strategies as unsustainable and generic while ignoring culture and customers
Diversity strategies across the financial services sector are not inclusive enough and failing to build diverse talent pipelines leading to unsustainable practices including poaching of senior mangement, the Financial Conduct Authority (FCA)...
Read moreInsurers lead on first day flexible working as candidates snub office-only roles
The insurance sector appears to be ahead of the game when it comes to new government legislation meaning workers can request flexible working from their first day at work. Under the changes...
Read moreIndividual PMI Report: Policyholders up 12% and insurers expect further growth
The number of private medical insurance (PMI) policyholders rose by 12% last year, according to exclusive research conducted by Health & Protection. Providers are also optimistic about future growth in the market...
Read more‘Cynical’ £500k fraudster jailed after Aviva spots fake claim for brother’s death
A “cynical” fraudster has been jailed for three years after trying to claim more than half a million pounds in life insurance payouts covering his brother from several policies bought after his...
Read moreJennie Doyle joins Vitality as head of health insurance product marketing after decade at Health Shield
Jennie Doyle has joined Vitality as head of product marketing for health insurance after almost a decade with Health Shield. The cash plan provider has appointed Martin Dunne as Doyle's successor -...
Read moreWe need protection products for people with sickle cell – Oke
The UK protection insurance sector needs to design life, critical illness and income protection products to cater for the needs of individuals with sickle cell. Sheun Oke, area sales manager at Wealthmax...
Read moreProtection experts at odds over progress made in mental health underwriting
Protection insurance industry experts were at odds over progress made in mental health underwriting thoughout the sector citing examples of steps forward and where there remains significant work to do for advisers...
Read moreTimpson appeals for protection industry to root out economic abuse in life cover
The UK protection insurance sector has been urged to up its game in tackling domestic economic abuse enacted through the use of protection policies. Johnny Timpson set out a four pronged plan...
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